Pre-Open Stock Movers 11/05: (UPWK) (TLRY) (QCOM) Higher; (PING) (HBI) (ELF) Lower (more...)

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Canopy Growth (CGC) Reports Q2 Loss of Cdn$0.09 on Revenues of Cdn$150.83M

November 9, 2020 6:09 AM EST

Canopy Growth (NYSE: CGC) reported Q2 EPS of (Cdn$0.09), versus Cdn$0.25 reported last year. Revenue for the quarter came in at Cdn$150.83 million, versus Cdn$85.62 million reported last year.

Achieved record quarterly net revenue of $135 million Net Loss of $97 million; Adjusted EBITDA loss of $86 million, a 43% improvement versus Q2 FY20Implementing initiatives to... More

Benchmark Reiterates Buy Rating on Alibaba (BABA)

November 6, 2020 7:20 AM EST

Benchmark analyst Fawne Jiang reiterated a Buy rating and $355.00 price target on Alibaba (NYSE: BABA) following the company's 2Q earnings report. BABA reported F2Q21 results with largely in-line revenue and better-than-expected Adj. EBITDA and EPADS.

The Company continued to acquire... More